We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of February 4721
Details
Submitted by[?]: Partito Democratico Liberale Nazionale
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: October 4721
Description[?]:
| The Partito Democratico Liberale Nazionale propose to adjust the government's income tax policy to better address the economic situation of the Impero Istaliano (Istalia). |
Proposals
Article 1
We propose to alter income tax brackets to the following setup. Information about the current income tax system can be found here.
| Bracket | Tax | Estimated Revenue |
| > 1 LIS | 1% | 57,000,000 LIS |
| > 100 LIS | 2% | 458,000,000 LIS |
| > 500 LIS | 3% | 859,000,000 LIS |
| > 1,000 LIS | 6% | 5,153,000,000 LIS |
| > 2,500 LIS | 10% | 14,197,000,000 LIS |
| > 5,000 LIS | 21% | 10,352,000,000 LIS |
| > 6,000 LIS | 23% | 14,530,000,000 LIS |
| > 7,500 LIS | 25% | 18,775,000,000 LIS |
| > 10,000 LIS | 35% | 13,491,000,000 LIS |
| > 12,000 LIS | 38% | 7,441,000,000 LIS |
| > 13,500 LIS | 40% | 9,008,000,000 LIS |
| > 15,500 LIS | 44% | 11,931,000,000 LIS |
| > 19,000 LIS | 47% | 17,287,000,000 LIS | Total | 123,539,000,000 LIS |
Debate
These messages have been posted to debate on this bill:
| Date | 22:14:04, March 05, 2020 CET | From | Partito Democratico Liberale Nazionale | To | Debating the Income tax proposal of February 4721 |
| Message | Mr. Speaker, We hereby propose the following changes in the taxcode. This proposal includes taxcuts for the middle class which will significantly boost the purchasing power of this specific group, allowing them to further stimulate the economy and feel less of a burden from state taxation. Most other parts of the three including the segments on lower and higher incomes have remained the same. Alexandro Cortez, Parliamentary leader of the PDLN |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |||||
| yes |
Total Seats: 394 | |||||
| no |
Total Seats: 287 | |||||
| abstain | Total Seats: 0 |
| Random fact: In cases where players have failed to clearly and accurately reference their nation's RP laws in the "Bills under debate" section, Moderation will rule them invalid if a challenge is made to their validity. |
| Random quote: "He who wishes to be obeyed must know how to command." - Niccolo Machiavelli |